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Post by rebus40 on Jul 13, 2010 21:36:43 GMT -5
This is the best synopsis of modern American history that I have read recently. The principals and ideas laid down here mirror and reflect exactly my own understanding and what I have been advocating on the G'news for over 3 years. A few of the remedy specifics Reich puts forward I will admit are a bit over the top, but on the whole, this is it. And IMHO folks better wake up. If you dare read this in its entirety, compare and contrast this line of thinking to your own partisan Murikan v Commie, right v left, black v white, Rep v dem way of thinking and come back and tell me this doesn't make more sense. Brob? The Root of Economic Fragility and Political Anger www.huffingtonpost.com/robert-reich/the-root-of-economic-frag_b_644465.html?page=3
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Post by Tabanus_molestus on Jul 14, 2010 12:33:35 GMT -5
I've always liked Reich. He has a way of getting to the root of a problem and suggesting "outside the box" solutions.
For example, he has advocated doing away with all corporate or business income tax. The only taxes on corporate income should be the income tax on profits/dividends when they are disbursed to individuals. This would provide huge incentives to reinvest profits.
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